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ClubLink Announces Normal Course Issuer Bid For Common Shares.


Business Editors

KING CITY, Ontario--(BUSINESS WIRE)--Oct. 2, 2001

ClubLink Corporation ("ClubLink") (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: "LNK LNK Love and Kisses
LNK Lincoln, NE, USA - Municipal Airport (Airport Code)
LNK Laisvas Nepriklausomas Kanalas (Lithuanian TV)
LNK Linkcentre (website) 
") announced today acceptance by The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 (the "TSE") of ClubLink's Notice of Intention to commence a Normal Course Issuer Bid (the "NCIB NCIB National Charities Information Bureau (now part of Wise Giving Alliance)
NCIB National Collection of Industrial Bacteria (Edinburgh, Scotland) 
"). Pursuant to the NCIB, ClubLink proposes to purchase, from time to time, if it is considered advisable ad·vis·a·ble  
adj.
Worthy of being recommended or suggested; prudent.



ad·visa·bil
, up to 988,000 Common Shares of ClubLink, being approximately 5% of its 19,770,758 issued and outstanding Common Shares as of the date hereof, on the TSE commencing October 5, 2001. The Board of Directors of ClubLink believes that such purchases are in the best interests of ClubLink and are a desirable use of corporate funds. All Common Shares purchased by ClubLink pursuant to the NCIB will be cancelled. The NCIB will expire on October 4, 2002.

In October 2000, ClubLink announced a similar normal course issuer bid with respect to the Common Shares. Under that bid, an aggregate of 1,040,080 Common Shares have been repurchased and cancelled at an average price of $6.10.

ClubLink is Canada's largest owner and operator and developer of high quality Member Golf Clubs, Daily Fee Golf Clubs and Golf Resorts that feature golf as their key amenity a·men·i·ty  
n. pl. a·men·i·ties
1. The quality of being pleasant or attractive; agreeableness.

2. Something that contributes to physical or material comfort.

3.
.

Please contact:

                        Robert Visentin
                    Chief Financial Officer
                     rvisentin@clublink.ca
                        (905) 841-5360
                     ClubLink Corporation
                     15675 Dufferin Street
                  King City, Ontario L7B 1K5
    Telephone: (905) 841-3730     Facsimile: (905) 841-1134
                   Web Site: www.clublink.ca
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 2, 2001
Words:237
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